Supermicro Announces Pricing of Public Offering of Common Stock
The Californer/10262773

SAN JOSE, Calif. ~ Super Micro Computer, Inc. (SMCI) announced the pricing of its underwritten public offering of 2,100,700 shares of its common stock at a public offering price of $262.00 per share. The offering also includes 100,700 shares offered by certain selling stockholders and an option to purchase up to an additional 315,105 shares of common stock at the public offering price. The gross proceeds to Supermicro are expected to be $524 million before deducting underwriting discounts, commissions and estimated offering expenses.

The Company intends to use the proceeds from the offering to support its operations, including for working capital needs, manufacturing capacity expansion and increased R&D investments. J.P. Morgan, BofA Securities and Goldman Sachs & Co. LLC are acting as lead book-running managers for the offering while Wells Fargo Securities, Barclays, UBS Investment Bank, BMO Capital Markets, KeyBanc Capital Markets, Needham & Company and Piper Sandler are acting as joint bookrunners. CJS Securities, Loop Capital Markets, Northland Capital Markets, Rosenblatt Securities and ING are acting as co-managers for the offering.

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The closing of the offering is expected on or about December 5th 2023 subject to customary closing conditions and is being made pursuant to an effective registration statement on Form S-3 that was filed with the Securities and Exchange Commission (SEC) on November 30th 2023. A final prospectus relating to the offering will be filed with the SEC and may be obtained by contacting J.P. Morgan Securities LLC; BofA Securities Inc.; or Goldman Sachs & Co. LLC when available.

Super Micro Computer Inc., based in San Jose California is a global leader in Application-Optimized Total IT Solutions committed to delivering first-to-market innovation for Enterprise Cloud AI and 5G Telco/Edge IT Infrastructure products designed and manufactured in-house (in US Taiwan and Netherlands). The award-winning portfolio of Server Building Block Solutions® allows customers to optimize for their exact workloads by selecting from a broad family of systems built from flexible reusable building blocks that support a comprehensive set of form factors processors memory GPUs storage networking power and cooling solutions (air conditioned free air cooling or liquid cooling).

This press release shall not constitute an offer to sell or solicitation of an offer to buy nor shall there be any offer or sale of these securities in any state or jurisdiction in which such offer solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction

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